Informations rapides
30 August 2019
2019- n° 224
Producer prices in industry bounced back in July 2019 (+0.5%) Industrial Producer and Import Price Indices - July 2019

On all markets (French market and foreign markets), producer prices in industry bounced back in July 2019 (+0.5% after –0.6% in June). The recovery involved both prices for the French Market (+0.4% after –0.6% in June) and for foreign markets (+0.4% after –0.5% in June). Year on year, producer prices in industry remained stable in July 2019.

Informations rapides
No 224
Paru le :Paru le30/08/2019
Prochaine parution le : 31/01/2025 at 08:45 - December 2024
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Producer prices in French industry: +0.5% in July 2019

On all markets (French market and foreign markets), producer prices in industry bounced back in July 2019 (+0.5% after –0.6% in June). The recovery involved both prices for the French Market (+0.4% after –0.6% in June) and for foreign markets (+0.4% after –0.5% in June). Year on year, producer prices in industry remained stable in July 2019.

Total Industry price indices

Total Industry price indices
PPI for domestic market PPI for foreign markets PPI for all markets Import prices
2015-01 100.0 98.9 99.8 99.4
2015-02 101.0 100.1 100.8 101.0
2015-03 101.1 100.6 101.0 101.6
2015-04 100.8 101.1 100.9 102.2
2015-05 100.4 100.6 100.4 102.5
2015-06 100.5 100.7 100.6 102.0
2015-07 100.3 100.9 100.5 100.8
2015-08 99.2 99.8 99.4 99.3
2015-09 99.2 99.4 99.3 98.6
2015-10 99.4 99.5 99.4 98.1
2015-11 99.5 99.6 99.5 98.2
2015-12 98.4 98.9 98.5 96.5
2016-01 97.3 98.2 97.5 94.7
2016-02 96.9 97.2 96.9 94.1
2016-03 97.1 97.4 97.2 95.0
2016-04 96.5 97.4 96.7 95.0
2016-05 97.0 97.7 97.1 95.9
2016-06 97.4 98.0 97.5 96.4
2016-07 97.5 97.9 97.6 96.4
2016-08 97.4 97.9 97.5 96.2
2016-09 97.7 98.2 97.8 96.5
2016-10 98.4 98.9 98.5 97.5
2016-11 99.0 99.3 99.1 97.5
2016-12 99.8 100.2 99.9 99.1
2017-01 100.7 101.7 100.9 99.7
2017-02 100.5 100.9 100.6 100.0
2017-03 100.0 100.4 100.1 99.7
2017-04 99.7 100.4 99.8 99.6
2017-05 99.1 100.1 99.3 98.8
2017-06 98.8 99.4 99.0 97.9
2017-07 98.9 99.2 98.9 97.6
2017-08 99.4 99.1 99.3 98.2
2017-09 99.8 99.6 99.7 99.0
2017-10 100.0 100.2 100.1 99.4
2017-11 101.7 101.1 101.5 100.2
2017-12 102.0 100.9 101.7 100.2
2018-01 102.0 100.3 101.5 100.4
2018-02 102.0 100.6 101.7 99.9
2018-03 102.2 100.7 101.8 100.1
2018-04 101.4 100.6 101.2 100.6
2018-05 102.1 101.3 101.8 102.0
2018-06 102.1 102.0 102.1 102.4
2018-07 102.7 102.2 102.6 102.7
2018-08 103.1 102.3 102.9 102.8
2018-09 103.6 102.5 103.3 103.6
2018-10 103.9 103.0 103.7 104.6
2018-11 104.4 102.5 103.9 102.8
2018-12 103.4 101.8 103.0 101.1
2019-01 103.7 102.4 103.4 101.2
2019-02 104.2 101.9 103.5 101.9
2019-03 104.1 101.9 103.5 102.0
2019-04 103.2 102.5 103.1 102.6
2019-05 102.9 102.2 102.7 102.6
2019-06 102.3 101.7 102.1 101.2
2019-07 102.7 102.1 102.6 101.4

Total Industry price indices

  • Source: INSEE.

FRENCH MARKET: +0.4%

In July 2019, French producer prices in industry for the French market recovered (+0.4%) after the past decreases since April 2019. The prices of mining and quarrying products, energy and water grew anew (+1.3% after –0.1%) and those of manufactured products recovered (+0.2% after –0.8%). Year on year, French producer prices in industry for the French market stabilized in July 2019 (after +0.2%).

Rise in prices of mining and quarrying products, energy and water

The prices of mining and quarrying products, energy and water increased by 1.3% in July 2019 (after –0.1%). Electricity production and trade prices sped up (+4.9% after +0.8%), due to the heatwave which caused higher demand and limited production. On the contrary, gas selling prices kept declining (–4.8% after –2.4% in June), following the decrease in regulated fares. Those of steam and air conditioning supply kept also declining (–3.6% after –3.3%). Year on year, the prices of mining and quarrying products, energy and water slowed down in July 2019 (+0.8% after +1.8%).

Recovery in prices of refined petroleum products

In the wake of oil prices, the prices of refined petroleum products picked up in July 2019 (+4.1% after –10.5%). Year on year, they kept declining (–6.9% after –9.8%).

Producer price indices of coke and refined petroleum products sold on the French market

Producer price indices of coke and refined petroleum products sold on the French market
Producer price indices of coke and refined petroleum products sold on the French market
2015-01 91.2
2015-02 106.6
2015-03 110.2
2015-04 113.8
2015-05 117.9
2015-06 115.6
2015-07 107.6
2015-08 92.8
2015-09 91.3
2015-10 89.1
2015-11 89.4
2015-12 74.5
2016-01 65.9
2016-02 65.6
2016-03 75.5
2016-04 78.5
2016-05 88.1
2016-06 91.9
2016-07 85.3
2016-08 85.2
2016-09 87.6
2016-10 97.0
2016-11 91.7
2016-12 105.7
2017-01 107.1
2017-02 108.1
2017-03 101.4
2017-04 104.7
2017-05 97.1
2017-06 89.7
2017-07 92.1
2017-08 95.1
2017-09 101.8
2017-10 103.2
2017-11 111.1
2017-12 110.9
2018-01 116.1
2018-02 109.2
2018-03 111.3
2018-04 121.8
2018-05 132.1
2018-06 130.2
2018-07 131.4
2018-08 133.2
2018-09 136.5
2018-10 142.7
2018-11 125.8
2018-12 109.3
2019-01 109.4
2019-02 118.8
2019-03 123.3
2019-04 130.7
2019-05 131.3
2019-06 117.5
2019-07 122.3

Producer price indices of coke and refined petroleum products sold on the French market

  • Source: INSEE.

New fall in prices of “other industrial products”

The prices of “other industrial products” decreased by 0.2% in July 2019, like in June. Chemical product prices kept falling but at a more moderate pace (–0.6% after –1.6%), following the past decreases of oil and gas prices. Wearing apparel prices fell back also strongly (–3.7% after +0.2%), owing to summer sales. Year on year, the prices of “other industrial products” declined sligthly in July 2019 (–0.2% after +0.1% in June).

Virtual stability in food and beverage prices

In July 2019, food and beverage prices were virtually stable over one month (+0.1% after +0.5%) and remained dynamic year over year (+1.2% after +1.4%).

Producer price indices of manufactured products sold on the French market

Producer price indices of manufactured products sold on the French market
C3 C5 C1 C4
2015-01 100.2 100.0 99.8 99.9
2015-02 100.2 99.9 99.9 99.9
2015-03 100.2 100.2 99.8 99.9
2015-04 100.2 100.6 99.9 99.9
2015-05 100.0 100.8 99.9 99.9
2015-06 100.0 100.8 99.9 99.8
2015-07 100.0 100.8 100.2 99.8
2015-08 99.6 100.2 100.5 100.0
2015-09 99.7 99.6 100.3 100.1
2015-10 100.0 99.2 100.2 100.3
2015-11 100.0 99.0 99.9 100.4
2015-12 99.9 98.8 99.7 100.1
2016-01 99.7 98.4 99.3 100.2
2016-02 99.5 98.1 99.1 100.1
2016-03 99.7 97.9 98.6 100.1
2016-04 99.6 98.0 98.5 100.1
2016-05 99.6 98.3 98.4 100.1
2016-06 99.9 98.6 98.5 100.0
2016-07 99.6 98.6 98.9 100.0
2016-08 99.7 98.5 98.8 99.9
2016-09 99.7 98.5 98.8 99.9
2016-10 99.6 98.7 99.1 100.0
2016-11 99.5 98.8 99.2 100.0
2016-12 99.4 99.0 99.2 100.1
2017-01 100.1 99.6 99.2 100.1
2017-02 99.9 100.1 99.6 100.1
2017-03 100.0 100.4 99.8 100.1
2017-04 99.9 100.7 100.1 100.2
2017-05 99.8 100.8 100.1 100.3
2017-06 99.9 100.7 100.4 100.3
2017-07 99.8 100.4 100.4 100.3
2017-08 99.7 100.5 100.6 100.4
2017-09 99.7 100.7 100.5 100.4
2017-10 99.8 101.0 100.4 100.4
2017-11 100.0 100.9 100.3 100.6
2017-12 100.1 101.1 100.4 100.6
2018-01 100.7 101.6 100.0 100.5
2018-02 100.3 101.9 100.1 100.5
2018-03 100.5 102.1 100.4 100.6
2018-04 100.6 102.2 100.1 100.6
2018-05 100.8 102.7 100.2 100.5
2018-06 100.9 102.8 100.1 100.6
2018-07 100.7 102.9 100.4 100.6
2018-08 100.9 103.0 100.6 100.6
2018-09 100.9 103.1 100.7 100.5
2018-10 100.8 103.0 100.7 100.7
2018-11 101.0 102.9 101.1 100.9
2018-12 101.0 102.6 101.4 101.0
2019-01 101.4 102.7 101.2 100.9
2019-02 101.3 102.8 101.2 101.0
2019-03 101.3 103.0 100.9 101.1
2019-04 101.5 103.1 101.0 101.2
2019-05 101.3 103.1 101.0 101.4
2019-06 101.4 102.9 101.5 101.5
2019-07 101.3 102.7 101.6 101.5

Producer price indices of manufactured products sold on the French market

  • Source: INSEE.

FOREIGN MARKETS: +0.4%

The producer prices of French industrial products on foreign markets recovered in July 2019 (+0.4% after –0.5%), especially owing to the strong rise in electricity prices during the heatwave, whereas those of manufactured products were virtually stable (+0.1% after –0.3%). Refined petroleum product export prices bounced back sharply (+3.9% after –8.1%) but remained down year over year (–6.5% after –9.7%). Export transport equipment prices grew by 0.4%, following the appreciation of the dollar against the euro. The export prices of “other industrial products” decreased in July 2019 (–0.2% like in June), as those of food and beverages (–0.5% after a stability in June). Year on year the export prices of “other industrial products” were virtually stable in July 2019 (–0.1% after –0.3%).

French Producer Price Indices in industry according to the market where the products are sold

reference year: 2015
French Producer Price Indices in industry according to the market where the products are sold (reference year: 2015)
Change in %
Levels A 10 and A 17 in CPF rev. 2 Weight July 19 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 102.7 0.4 0.0
(DE) Mining and quarrying, energy, water 221 101.7 1.3 0.8
CZ: Manufactured products 779 103.0 0.2 -0.2
   (C1) Food products, beverages, tobacco 199 101.6 0.1 1.2
   (C2) Coke and refined petroleum products 42 122.3 4.1 -6.9
   (C3) Electrical & electronic equip., computers, mach. 74 101.3 -0.1 0.6
   (C4) Transport equipment 91 101.5 0.0 0.9
   (C5) Other manufactured products 373 102.7 -0.2 -0.2
Foreign markets
BE:TOTAL INDUSTRY 1000 102.1 0.4 -0.1
CZ: Manufactured products 981 102.0 0.1 0.4
   (C1) Food products, beverages, tobacco 104 101.3 -0.5 1.6
   (C2) Coke and refined petroleum products 28 117.8 3.9 -6.5
   (C3) Electrical & electronic equip., computers, mach. 137 100.6 0.1 0.9
   (C4) Transport equipment 297 103.7 0.4 2.3
   (C5) Other manufactured products 415 100.6 -0.2 -0.5
All markets
BE:TOTAL INDUSTRY 1000 102.6 0.5 0.0
CZ: Manufactured products 839 102.8 0.2 0.0
   (C1) Food products, beverages, tobacco 171 101.5 -0.1 1.2
   (C2) Coke and refined petroleum products 38 120.9 4.0 -6.8
   (C3) Electrical & electronic equip., computers, mach. 93 101.0 0.0 0.7
   (C4) Transport equipment 152 102.6 0.3 1.7
   (C5) Other manufactured products 385 102.0 -0.2 -0.3
  • Source: INSEE.

Import price indices of industrial products: +0.2% In July 2019

In July 2019, the import prices of industrial products bounced back slightly (+0.2%), after a strong fall in June (–1.4%). In the wake of the oil price, imported coke and refined petroleum product prices increased anew (+3.3% after –10.1% in June). The import prices of “other industrial products” were stable over one month (after –0.1%) and decreased by 0.3% year over year (after –0.1%). Food product, beverage and tobacco prices decreased by 0.2% over one month (after a stability in June) and got worse year over year (–0.7% after –0.4%). Year on year, the import prices of industrial products continued to decline in July 2019 (–1.3% after –1.2%).

Import prices of industrial products

reference year: 2015
Import prices of industrial products (reference year: 2015)
Change in %
Levels A 10 and A 17 in CPF rev. 2 Weight July 19 In 1 month In 1 year
BE:TOTAL INDUSTRY 1000 101.4 0.2 -1.3
CZ: Manufactured products s 101.1 0.2 -0.4
   (C1) Food products, beverages, tobacco 76 103.2 -0.2 -0.7
   (C2) Coke and refined petroleum products 38 115.8 3.3 -8.5
   (C3) Electrical & electronic equip., computers, mach. 220 98.4 0.0 0.1
   (C4) Transport equipment 184 101.3 0.4 1.6
   (C5) Other manufactured products s 100.6 0.0 -0.3
  • s: confidential
  • Source: INSEE.

Revision of variations

In %
Revision of variations (In %)
Apr. 19 / Mar. 19 May 19 / Apr. 19 June 19 / May 19
French producer prices in industry sold on:
   - the French market // +0,1 -0,1
   - the foreign markets // -0,2 +0,2
   - all markets // -0,1 +0,1
Import prices of industrial products // // -0,1
  • (1) How to read it: the variation of the producer price index in industry for products sold on the French Market between May 2019 and June 2019 has been revised by -0.1 points: published in July 2019 equal to -0.5%, it has been updated to -0.6%.

For further information

Next publication: 27 September 2019 at 8.45 a.m.

Documentation

Producer and Import Price Index in Industry

Aggregated classification - NA, 2008

French classification of products - CPF Rev. 2.1, 2015

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